April 7, 2016 MLM & Affiliate Marketing News
GetEasy ringleader arrested in Madeira, Portugal
Posted: 06 Apr 2016 07:06 PM PDT
Under the guise of renting GPS trackers to non-existent customers, GetEasy solicited used new affiliate investments to pay off existing investors.
Amid claims GetEasy was “the world’s first legal investment-based MLM opportunity“, the scheme inevitably collapsed in February, 2015.
Total losses by investors have never been clarified, with there being an uneasy silence from Portuguese authorities regarding the scam.
Former GetEasy CEO Tiago Fontoura was arrested in Tunisia mid last year, but to date nothing much seems to have come of it.
With not so much as a peep from Portuguese authorities, an unexpected investigation in Spain has lead to raids and several arrests.
El Confidential are reporting that, following “many months of investigation”, the Spanish Civil Guard
Read the full article and join in the discussion over at BehindMLM.
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